Zobito has closed its second investment fund at EUR 27M commitments.

Zobito, a Stockholm, Sweden-based boutique private equity firm announced closing its second fund, with EUR 27M of commitments from “friends and family”.

All but two of the investors from Zobito’s first fund also committed to Zobito 2. Zobito partners committed to more than 30% of the capital.

Zobito was founded in 2013 by a team of finance people together with people responsible for the success of Qlik Tech, led by former CEO, Måns Hultman. At that time, the copany closed its fund, Zobito 1, at EUR 25M commitments, fully invested in 10 companies in various stages of their investment life cycle, starting from the latter stage of early-stage venture capital through to growth-stage private equity.